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JDI Taiwan Inc (JDIT, 台灣晶端顯示), a wholly owned subsidiary of Japan Display Inc, yesterday received the government’s approval to invest NT$500 million (US$18.08 million) to set up a subsidiary in Kaohsiung focusing on display module design and marketing. The display supplier’s move came after it last month sold its local manufacturing arm, Kaohsiung Opto-Electronics Inc (KOE, 高雄晶傑達光電科技), to contract electronics maker Wistron Corp (緯創) for ￥8.58 billion (US$74 million). JDIT has said it would continue outsourcing display module manufacturing to KOE and Wist...

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Contract electronics manufacturer Wistron Corp (緯創) plans to invest NT$10 billion (US$356.95 million) in manufacturing facilities at Kaohsiung’s Cianjhen Technology Industrial Park (前鎮科技園區), the Ministry of Economic Affairs (MOEA) said yesterday. The investment would mainly go toward making automotive and related components, the ministry said in a statement. It is expected to create 7,000 jobs and generate NT$50 billion in annual output value within five years, the ministry added. To help facilitate new investment in the technology park, a plot of 4.17 hectares that is occu...

Apple Inc’s local manufacturing partner Hon Hai Precision Industry Co (鴻海精密) yesterday began weekly testing of staff coming to its headquarters in New Taipei City’s Tucheng District (土城), the first company in the city to screen employees for COVID-19. Hon Hai, known globally as Foxconn Technology Group (富士康科技集團), said that most of its employees are already working from home, but “several hundred” of them have to be on site, such as research and development personnel. “Our work has not been set back by current measures,” the company said in a news release...

Taiwan's export processing zones aiming for 5% production value growth 03/01/2021 05:03 PM To activate the text-to-speech service, please first agree to the privacy policy below. Workers take off a sign reading "Nanzih Export Processing Zone" ahead of the name change. CNA photo Feb. 24, 2021 Taipei, March 1 (CNA) Taiwan's export processing zones generated NT$400 billion (US$14.36 billion) in production value last year and have set their sights on an annual 5 percent growth in 2021 after they are renamed, according to the national Export Processing Zone Administration (EPZA). On March 28, the ...